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Monarch Networth Capital Ltd.

BSE: 511551 Sector: Financials
NSE: N.A. ISIN Code: INE903D01011
BSE 00:00 | 22 May 56.60 -1.35
(-2.33%)
OPEN

59.25

HIGH

59.25

LOW

56.10

NSE 05:30 | 01 Jan Monarch Networth Capital Ltd
OPEN 59.25
PREVIOUS CLOSE 57.95
VOLUME 7910
52-Week high 99.00
52-Week low 40.95
P/E 15.13
Mkt Cap.(Rs cr) 172
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00
OPEN 59.25
CLOSE 57.95
VOLUME 7910
52-Week high 99.00
52-Week low 40.95
P/E 15.13
Mkt Cap.(Rs cr) 172
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00

Monarch Networth Capital Ltd. (MONARCHNETWORTH) - Company History

Incorporated on 2 Dec.'93, Networth Stock Broking Ltd. formerly known as Networth Finance (NFL) was promoted by R F Mutha and S P Jain. The company entered capital market with a public issue on 8 Aug.'94 to meet the cost of acquiring membership in the capital market segment of the NSE and to the meet the infrastructure cost including computerisation, communication and furnishing of the office. The company's main area of operations are dealing in shares and rendering corporate advisory services. It has commenced operations on the National Stock Exchange. It has obtained dealership on the OTCEI. NFL has started rendering corporate advisory services and consultancy services to NRIs/OCBs and other foreign investors. It has also started developing specialised software on Indian capital markets for its clientele. In 1995-96, the company was approved by SEBI as a category-I merchant banker. It came out with a rights issue in the ratio of 1:2 at par to meet working capital requirements.